As the question says, do these two words have the same meaning?
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closed as off-topic by Mari-Lou A, aedia λ, tchrist, medica, Brian Hooper Jan 25 '14 at 9:26
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Yes, unless like in the old TV series Mind your Language you say gift when attendance is being called in a classroom!
In other words, present has other meanings, but one of its meanings is the same as gift